---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041118"
form_type: "8-K"
ticker: "SYRA"
cik: "0001922335"
company_name: "Syra Health Corp"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:09:42.421924+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Syra Health Q3 revenue up 4% to $1.58M; net loss flat at $354K; Digital Health posts first revenue

## Summary
- Revenue $1.58M (+4% YoY); Digital Health unit generated first revenues of $131,356.
- Population Health & Health Education revenue jumped 400% to $328,750; Healthcare Workforce at $1.1M.
- Gross margin improved to 35.1% from 27.3%; net loss unchanged at ~$354K; Adj. EBITDA loss narrowed to $330K.
- Secured $4.75M DC behavioral health contract (5-year) and $636K Indiana extension; launched Syrenity and CarePlus.
- Closed $6.7M IPO in Oct 2023 with $4.7M net proceeds; cash on hand pre-IPO was $18,010.

## SEC filing metadata
- accession: 0001493152-23-041118
- form_type: 8-K
- ticker: SYRA
- cik: 0001922335
- company_name: Syra Health Corp
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1922335/000149315223041118/0001493152-23-041118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1922335/000149315223041118/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041118
- JSON: https://secwatch.observer/filing/0001493152-23-041118.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041118.txt

## Key facts
- Earnings Releases
  Syra Health Corp reported third quarter of 2023 results: revenue $1.58 million, net income $(354,376).
  - Period: third quarter of 2023
  - Revenue: $1.58 million
  - Net income: $(354,376)
  - Result: reported results
  source text: and technology solutions, today announced its financial results for the third quarter of 2023 for the period ended September 30, 2023. Q3 2023 Financial Highlights ● Revenue of $1.58 million, compared to $1.51 million in Q3 2022, an increase of 4%. ● Digital Health, driven by sales of the Company’s SyraBot product, had revenue of $131,356, marking its first period
  evidence_url: https://www.sec.gov/Archives/edgar/data/1922335/000149315223041118/0001493152-23-041118-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.